Johnston

POSTAL CODE: NT, 832
HOUSE
UNIT

Property investments in JOHNSTON fare well against the rest of the country last year, registering a median home price increase of 12.92%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains JOHNSTON, 832 saw average growth in the long term.

Real estate investors could earn a rental income of $750 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 41.9 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $677,500.

JOHNSTON ranks 20th on the list of best yielding suburbs for rental properties in NT, posting a 5.76% return.

Surburb overview

"Johnston is a family-friendly and rapidly growing suburb located in the Northern Territory, offering a comfortable suburban lifestyle with access to essential amenities and a strong sense of community.

Johnston is situated approximately 22 kilometres southeast of Darwin’s central business district (CBD). While it provides a peaceful suburban atmosphere, it remains within a reasonable commuting distance to the heart of the city.

With a population of around 9,000 residents and growing, Johnston is a diverse and dynamic community within the City of Palmerston. The suburb attracts a mix of families, professionals and retirees, creating a harmonious blend of cultures and backgrounds.

Johnston benefits from efficient public transportation connectivity, with regular bus services linking it to Darwin’s CBD and neighbouring suburbs. This makes commuting and exploring the city convenient for residents.

The suburb is well-equipped with essential amenities. Families with children have access to quality education through institutions like Mother Teresa Catholic Primary School and nearby Rosebery Primary School. The Gateway Shopping Centre, just a short distance away, has a range of retail shops, dining options and entertainment facilities.

Johnston presents a variety of recreational opportunities. The suburb features several parks, playgrounds and green spaces, making it ideal for outdoor activities and family picnics. The nearby Palmerston Water Park is a popular destination for water play and relaxation during the hot NT summers.

Johnston offers a comfortable suburban lifestyle with easy access to essential amenities and recreational opportunities. Its diverse and growing community, educational institutions and proximity to Darwin make it an appealing choice for individuals and families seeking a peaceful yet well-connected place to call home in the territory. "

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